Legal Documents of Gatlinburg
Code of Gatlinburg
Title 9 Business, Peddlers, Solicitors, etc.
Chapter 5 Auction Sales
9-505 : Bond form.
The bond to be filed with the application shall be in the penal sum of $1,000 with good and solvent sureties; in the following form, to-wit:
STATE OF TENNESSEE
COUNTY OF SEVIER
KNOW ALL MEN BY THESE PRESENT: That we _________________, Principal and ________________and _________________, Sureties, are held and firmly bound unto the City of Gatlinburg for its own use in the penal sum of One Thousand Dollars, for the payment well and truly to be made, we bind ourselves respectively and our heirs and administrators.
The condition of this bond is such that whereas the above named __________________has obligated himself to the City of Gatlinburg in the penal sum of $1,000 now, therefore, if the said _______________________does well and truly perform to the provisions of the Gatlinburg Municipal Code § 9-501 et seq., then this obligation shall be void otherwise to remain in full force and effect for the period of one year from the date of this bond.
It is expressly understood that this bond is payable to and recoverable by the City of Gatlinburg for its own use and for the use of all persons suffering loss or damage by reason of the violation of the Gatlinburg Municipal Code by the above named principal, and to compel the principal herein to perform the obligation herein undertaken.
IN WITNESS WHEREOF, we have hereunto set our hands this the _____day of __________________, ___________.
_______________________________
Principal
_______________________________
Surety
_______________________________
Surety (1976 Code, § 5-605)
Officials at Date of Last Codification:
Mayor - Mike Werner
Vice Mayor - Mark McCown
Commissioner - Ryan DeSear
Commissioner - Chad Reagan
Commissioner - Kirby Smith
City Manager - Cindy Cameron Ogle
City Attorney - Ronald E. Sharp